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I I I I I I I I I I I I I I I I I I I Mr. Enrique Legaspi July 2 I, 2005 Page 7 Given the results of the parking surveys conducted in August 2004 and June 2005, it may be concluded that the parking lots at the project site are never fully utilized. During the peak parking periods, the front parking lot provides a minimum of 150 surplus parking spaces. Similarly, the rear parking lots provide a minimum of 42 surplus parking spaces. Appendix A contains the detailed parking survey data count sheets. SHARED PARKING ANALYSIS (BASED ON PARKING SURVEYS) In order to accurately forecast the future parking demand for the Santa Ana Downtown Plaza project and validate the theoretical shared parking analysis, the shared parking methodology was utilized in combination with the actual on-site parking surveys. Shared Parking Analysis Based on the August 2004 Surveys Tables 7 and 8 present the Weekday and Weekend Shared Parking Analysis that includes data obtained from the parking surveys conducted in August 2004. As shown in these two tables, the existing parking surveys are presented in column 1. Please note that a ten percent (10%) contingency factor was applied to the existing parking survey data to allow for daily variations and/or fluctuations in existing parking demand and to allow for future potential changes in the existing tenants. This contingency factor is presented in the second column of Tables 7 and 8. The third column of Tables 7 and 8 present the shared parking demands of the currently vacant 975 SF suite that is designated for retail use. The fourth column of Tables 7 and 8 present the forecast hourly parking demands of the proposed Famsa expansion project based on City parking codes and ULI's shared parking utilization profiles for a furniture store. As shown in Table 7, the weekday peak parking demand is forecast to occur during the 12:00 PM with a demand of 303 spaces. With a parking supply of 505 spaces, a parking surplus of 202 spaces is forecast during the center's peak parking demand time period. As shown in Table 8, the project site is forecast to experience a weekend peak parking demand at 2:00 PM with 352 spaces. With a parking supply of 505 spaces, the site is forecast to provide a parking surplus of 153 spaces. N,\2)OO\204~5<)1\Rl'p(lr1\2591 Updat~d Fams<l Expansion Shared Parking AJla'ysi5~5A -48